Freight News, Rail

CN recognized for leadership on climate change action for 10th straight year

[ January 30, 2019   //   ]

CN has been highlighted as a global leader on corporate climate action by the CDP, achieving a place on the CDP Climate Change A list.

The Climate A List has been produced at the request of 650 investors with assets of over US$87 trillion and/or 115 major purchasing organizations with $3.3 trillion in purchasing power. Thousands of companies submit annual climate disclosures to CDP for independent assessment against its scoring methodology.

JJ Ruest, CN president and chief executive officer, said: “We are proud to be recognized by the CDP for the tenth straight year. Our commitment is to help our customers deliver responsibly by providing a safe, efficient and environmentally friendly way to move goods. To that effect, we have improved our fuel efficiency by 39% over the past 25 years.”

Paul Simpson, CEO of CDP, said: “Congratulations to all companies that made it onto CDP’s A List this year. As the severity of environmental risks to business becomes ever more apparent, these are the companies that are positioning themselves to provide solutions, seize new market opportunities and thrive in the transition to a sustainable economy. We need to urgently scale up environmental action at all levels in order to meet the goals of the Paris Agreement and the Sustainable Development Goals. It’s clear that the business world is an essential player in this transition and the A List companies are set to make a substantial contribution to those goals”.

The Climate Change A List is published by CDP each year, alongside similar lists for leadership on protecting forests and water security.